Black Friday continued to break records for payment providers in 2024, with cross-border being a major contributor.

The gap between some of the digital-first consumer money transfer players and the omnichannel players appears to be widening.

Payment players have increasingly been looking to stablecoins, with PayPal announcing it would allow PYUSD to be used to settle cross-border transfers.

This week saw the return of Singapore Fintech Festival. Here, we’ve explored key APAC-related news and deals from cross-border players this week.

Standard Chartered has published its Q3 2024 results, providing a strategy update that places cross-border payments at the centre.

Last week, the payments industry descended on Las Vegas for Money20/20 USA, one of the biggest industry events on the calendar.

Digital money transfers saw strong growth for Euronet in Q3 2024, where the company reported transaction growth four times faster than the market.

Several financial institutions recently launched blockchain-powered tokenisation platforms, with both Citi and DBS launching commercial services in October.

Swift’s annual Sibos conference took place in China for the first time this week, and with it came the usual flurry of deals and announcements.